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14 November 2024 | 11 replies
If not, you are conducting business as a real estate agent, and the fine, I believe, is either $1000.00 or $2000.00 in the State of Connecticut.
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26 November 2024 | 86 replies
I would like more frank communication.My other syndications appear to be doing fine but one was a conservative offering (lower risk but also lower upside).
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14 November 2024 | 21 replies
If this is a longer term hold and you don't need the extra $500 per month and you'd be fine with a $200 per month increase, go for that.
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12 November 2024 | 2 replies
The deal sounds fine overall as long as they are in good shape and you can move and rent them on your existing land, but do you want more mobile homes?
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19 November 2024 | 23 replies
3) Are you going to face fines for fair housing violations?
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13 November 2024 | 15 replies
I chatted with a lender about the DSCR loans and he said that Padsplit (room shares) would not technically qualify for DSCR although if it’s vacant at the time of closing, it should be fine.
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13 November 2024 | 7 replies
You'll be fine, especially if you're using additional equity contribution to improve the property before your refinance.
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10 November 2024 | 12 replies
They’re getting smarter about it too—trying to clean up any residue so there’s no visible evidence, though the smell still lingers.I currently have a $350 fine for smoking inside, including weed.
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15 November 2024 | 17 replies
Aiming for each part of the business to eventually fund itself is a solid plan, and a real estate CPA or attorney could help fine-tune everything for taxes and structure.
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11 November 2024 | 7 replies
Or just keep doing what your doing until they do sue you or fine you?